Key Market Indicators
Canadian demand for whey is projected to decline by 3.1% year on year on average from 2021 to 2026, reaching $45.5 million. Since 1994, the country experienced an overall decrease of 8.1% year on year. Canadian whey exports, on the other hand, are expected to grow 2% year on year CAGR from 2021 to 2026, reaching nearly $100 million by 2026. Since 1994, the country has seen an increase of 10.5% year on year. Austria overtook Canada in 2021, with exports worth $88.9 million. France, Germany and the Netherlands followed in second, third and fourth, respectively.